Get started

India

MRF Sell Setup For swing Trader !The location of trading activity. At the end of the chart, on the Upper right, we can see that the trading activity moves in the lower part of the value area, between the control and the value Low. This is uncharacteristic for an Uptrend. Additionally, the price rotations are becoming narrower, it is starting to rotate between the control and value Low. In an Uptrend, when price rotations become small and they happen in the upper part of the value area, the trend is most likely to end. You can short MRF below 56600 Level with SL: 57450, Target: 55k,54k Thanks You can share your view on MRF with us Thanks
NSE:MRFShort
by Trading_buddy
Nifty 50 Index for Intraday Target 8800 !Hello friends, This is a clear uptrend. The up arrows point to the Higher Low of the trend while the up arrows point to the higher High. The Uptrend turns into a Downtrend However, doing the value area, excess, control price and initiative or responsive moves analysis offer a lot more information regarding the trend. At the end of the chart, on the Higher right, we can see that the trading activity moves in the lower part of the value area, between the control and the value Low. This is uncharacteristic for an Uptrend. Additionally, the price rotations are becoming narrower, it is starting to rotate between the control and value low. Shifting to new control Price Thanks
NSE:NIFTYShort
by Trading_buddy
2
Strong: Elliote(5+3) + Price Action breakout + Volume profile Hello guys before I write anything I say something that's its takes hours to analysis a single chart so please like it. Elliote wave: 5+3 =>> 5 Impulsive wave done by Piramal Enterprise at 629 0.618 fib level according to wave principle, Currently It's riding on Corrective wave and its have 3 waves with correction of 1 fib which is at 1760 level = 4 wave Price Action Breakout: =>>According to its theory its touches there lower value with excess price with pinbar shows rejection to falling more down and move toward control price if it breaks the level of control price then we can see Piramal at upper value soon. Volume Profile: =>> As you know little bit about volume profile you can see Price at this volume high which means institutional investor taking entry at this price for reversal. Buy Strongly ::::: like Like Thanks need your support by liking it.
NSE:PELLong
by Trading_buddy
2
India Bank Nifty is again at support zone 19000 to 19300.. India Bank Nifty is again at support zone 19000 to 19300.. As per elliot wave analysis 22400 is still possible as long 18950 is held.. I would be making more at this level and keep strict stop loss at 18950 and will be sitting tight till 22200 to 22300 ..Wave B target of 22400 at a minimum retracement of 38.2 .. This trade is highly risky keep stop loss strict at 18900... reward 10 to 15% return on Bank Nifty No chance of reversal below 18900... ur capital will be lost.. so have 1% percent strict loss to get ready for next trade .It is elliot wave B.
NSE:BANKNIFTYEducation
by karagis75
1